Monthly inflation · Portugal
Portugal Inflation Rate MoM Final
The Portugal Inflation Rate MoM Final is the change in consumer prices in Portugal from the previous month (or quarter).
- Importance
- Low
- Publié
- Monthly
- Prochaine publication
- Devise
- EUR · euro
- Banque centrale
- The European Central Bank (with the Banco de Portugal)
Derniers chiffres
La dernière publication, pour SEP, est parue le 2026-10-13 et s’est établie à 1.2%. C’est conforme au consensus de 1.2%. C’est plus que 0.0% la fois précédente (révisé).
Un résultat conforme au consensus provoque généralement peu de réaction : il était déjà intégré dans les prix.
Sur les 12 dernières publications, la valeur est allée de -0.7% à 2.0%, avec une moyenne de 0.3%. Elle a augmenté trois publications d’affilée.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 13 Oct 2026 | SEP | 1.2% | 1.2% | 0.0% ® |
| 10 Sep 2026 | AUG | 0% | 0.1% | -0.5% |
| 12 Aug 2026 | JUL | -0.5% | -0.5% | 0.1% |
| 10 Jul 2026 | JUN | 0.1% | 0.1% | 0.2% |
| 12 Jun 2026 | MAY | 0.2% | 0.3% | 1.4% |
| 13 May 2026 | APR | 1.3% | 1.4% | 2% |
| 13 Apr 2026 | MAR | 2% | 2% | 0.1% |
| 11 Mar 2026 | FEB | 0.1% | 0.1% | -0.7% |
| 11 Feb 2026 | JAN | -0.7% | -0.7% | 0.1% |
| 13 Jan 2026 | DEC | 0.1% | 0.1% | -0.3% |
| 12 Dec 2025 | NOV | -0.3% | -0.3% | 0.0% |
| 12 Nov 2025 | OCT | 0.0% | 0% | 0.9% |
Pourquoi c’est important
The monthly change is the freshest reading of price pressure: the yearly rate is the sum of the last twelve monthly changes, so today's monthly figure tells you where the yearly rate is heading.
Mode de calcul
Statistics Portugal (INE) prices a fixed basket of goods and services across the country and compares the index with the previous period. Seasonal patterns (sales, holidays) make raw monthly figures jumpy; some countries also publish seasonally adjusted numbers.
Monthly inflation = index(this month) ÷ index(last month) − 1
Annualised ≈ (1 + monthly)¹² − 1Ce que signifient les variations
- Compare with the same month in earlier years: January and September often have seasonal jumps.
- 0.2% a month is about the 2% a year most central banks aim for.
Supérieur aux attentes : A higher figure than expected makes the European Central Bank (with the Banco de Portugal) more likely to keep rates high or raise them: it tends to support the euro and push bond yields up, and is often a weight on stocks.
Inférieur aux attentes : A lower figure than expected gives the European Central Bank (with the Banco de Portugal) room to cut or hold rates lower: the euro tends to soften and bond yields to fall.
Un bref historique
Monthly price indexes date from the early 20th century; many countries began publishing them during or after the First World War to adjust wages to the cost of living.
Questions
What is the Portugal Inflation Rate MoM Final?
The Portugal Inflation Rate MoM Final is the change in consumer prices in Portugal from the previous month (or quarter).
What was the latest Portugal Inflation Rate MoM Final?
1.2% for SEP, published on 13 October 2026 (consensus 1.2%, previous 0.0%).
When is the next Portugal Inflation Rate MoM Final?
On Wednesday 11 November 2026 at 11:00 UTC.
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.